Analysts at Danske Bank point out that both US and Italian yields came off a bit from recent highs for separate reasons and as Brexit optimism grew. Key Quotes “Overall it would have been a rather uneventful session had it not been for Trump . The US President – again – expressed dissatisfaction with the pace of Fed hikes given what he considered a lack of inflationary pressure.” “Following the warning from the EU Commission over the weekend that the Italian fiscal budget not breach eurozone spending, the League’s Matteo Salvini accused both EU officials and speculators of seeking to bring down Italy. However, spread widening eased after Italy’s Finance Minister Giovanni Tria said that the government is worried about the ‘unacceptable’ yield spread.” “US yields came off a bit after reaching 7Y highs last week and the 10Y yield is just off the 3.21 mark. During the day, the Treasury curve flattened led by close to a 3bp drop in the 30Y.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Technical Analysis: Bullish break of a triangle pattern targeting 1.32 FX Street 5 years Analysts at Danske Bank point out that both US and Italian yields came off a bit from recent highs for separate reasons and as Brexit optimism grew. Key Quotes "Overall it would have been a rather uneventful session had it not been for Trump . The US President - again - expressed dissatisfaction with the pace of Fed hikes given what he considered a lack of inflationary pressure." "Following the warning from the EU Commission over the weekend that the Italian fiscal budget not breach eurozone spending, the League's Matteo Salvini accused both EU officials and speculators of seeking… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
